The expiration of individual residential federal solar tax credits has drastically increased the cost for homeowners to own solar. The industry has been forced to shift to third party owned (TPO) programs such as a solar lease, or power purchase agreement. The Prepaid Lease program is a viable option for homeowners to add solar and energy storage on their homes. To make this program possible, Participate Energy claims federal tax credits as a commercial owner of the system under Section 48E. Benefits from the tax credits are passed on to the customer in the form of an immediate reduction to the Prepaid Lease amount. This reduction can be as much as 30%. The customer makes a one-time prepayment with no additional fees, future payments, or financial obligations for the 25 year term. An early purchase option is available for customers who aspire to own the system. After year six of the term, customers can exercise the option to purchase the system at Fair Market Value (FMV) minus any credited lease value and offsetting obligations resulting in a low incremental payment not less than $0.